Question: Good X is a normal good and its demand is given by Q x d = 0 + X P X + Y P Y

Good X is a normal good and its demand is given by Qxd = 0 + XPX + YPY + MM + HH. Then we know that

Multiple Choice

  • H > 0.

  • X > 0.

  • M > 0.

  • Y > 0.

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